Debt Slavery

2016-17 Limited Release 1oz. BU coin

If an individual was unable to repay a debt in their lifetime, said debt was passed down from father to son to grandson. This inheritance would continue until the debt was finally extinguished. Debt bondage is defined as an individual's pledge of their labor or services as security for the repayment of a debt. The subjugation of generations "born into slavery" for the debts of their fathers is immoral of course; and as a practice, it has been universally outlawed in the western world.